Bleakley Financial Group LLC Takes $89,000 Position in Medical Properties Trust, Inc. (NYSE:MPW)

Bleakley Financial Group LLC acquired a new position in Medical Properties Trust, Inc. (NYSE:MPW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,056 shares of the real estate investment trust’s stock, valued at approximately $89,000.

Several other hedge funds have also recently bought and sold shares of the business. Lasalle Investment Management Securities LLC increased its holdings in shares of Medical Properties Trust by 49.6% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 5,065,844 shares of the real estate investment trust’s stock valued at $27,609,000 after acquiring an additional 1,680,200 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in shares of Medical Properties Trust by 93.2% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 204,807 shares of the real estate investment trust’s stock valued at $1,117,000 after buying an additional 98,807 shares during the period. Kingswood Wealth Advisors LLC bought a new position in Medical Properties Trust during the fourth quarter valued at about $109,000. Caxton Associates LP bought a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $2,628,000. Finally, Wolverine Asset Management LLC grew its holdings in shares of Medical Properties Trust by 284.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 195,112 shares of the real estate investment trust’s stock worth $1,063,000 after purchasing an additional 144,370 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock opened at $4.62 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. Medical Properties Trust, Inc. has a 52 week low of $2.92 and a 52 week high of $10.74. The firm has a fifty day moving average of $4.11 and a two-hundred day moving average of $4.36. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of -4.91, a PEG ratio of 1.18 and a beta of 1.20.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 22nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.99%. The ex-dividend date of this dividend is Friday, April 19th. Medical Properties Trust’s payout ratio is presently -63.83%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research report on Friday, March 1st. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. KeyCorp reissued a “sector weight” rating on shares of Medical Properties Trust in a research report on Friday, January 5th. Royal Bank of Canada decreased their price objective on Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Finally, Truist Financial increased their target price on Medical Properties Trust from $4.00 to $4.50 and gave the stock a “hold” rating in a report on Monday, April 8th. Six investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $5.48.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.